Paydax makes it easier for users to borrow more against assets that are usually difficult to
use as collateral, like LP tokens or less common staking tokens. It does this by offering
competitive fixed loan-to-value (LTV) ratios, for instance, 75% LTV for borrowing USDC
against blue-chip crypto collateral, and 80% LTV for borrowing blue-chip assets against
PDP collateral.
The more PDP tokens you stake (in later phases), the better your borrowing
conditions may become, including potential fee discounts. This system rewards active
participants and gives users more control over how much value they can unlock from their
holdings. By combining asset flexibility with user incentives, Paydax helps turn previously
idle or locked tokens into useful financial tools.